Indowind Energy Ltd has informed BSE that the Company has filed a petition (O.P. No. 552 of 2012) against M/s. Suzlon Infrastructure Services Ltd, (now merged with its holding company M/s. Suzlon Energy Ltd) before the Honble High Court of Madras, to resolve disputes that have arisen between the Company and the latter by an Arbitration Tribunal, with respect to the claims made by the Company against them for loss of generation.<BR><BR>To this,Honble High Court of Madras vide their Order dated February 27, 2015 have appointed Honble Mr. Justice K. Chandru, Judge (Retd) High Court of Madras as the Sole Arbitrator to enter upon the reference and after issuing notice to the parties and upon hearing them, pass an award as expeditiously as possible, preferably within a period of six months from the date of receipt of the Order.
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